Morningstar

Water Island Credit Opportunities Fund Class I ACFIX

Morningstar Medalist Rating
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Medalist Rating as of See Arbitrage Fund Investment Hub
  • NAV / 1-Day Return $9.78  /  +0.10 %
  • Fund Size $156.2M
  • Adjusted Expense Ratio 0.990%
  • Net Expense Ratio 1.080%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Nontraditional Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 3.97%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis ACFIX

Will ACFIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ACFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ACFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Water Island Credit Opportunities I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings ACFIX

More ACFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.6
Top 10 Holdings
% Portfolio Weight
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